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Dec 24, 2012
12/12
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on taxes, i know it's hard for the republicans but the president ran on that platform, 250, no tax increase for people below but taxes for people above. 60% of the voters said they were for it in the exit polls, including some republicans and yet our republican colleagues by refusing to go along with revenues are risking the fiscal cliff and make no mistake about it. if we go over, god forbid and i still don't think we have to, the american people are going to blame the republican party and they'll come right back and pass something. so i don't think the middle class is at risk. if we go over the cliff, our republicans colleagues will come back and go uh-oh and pass the bill we passed in senate already. >> can check hagel become secretary of defense if he's the republican's nominee? >> a lot of republicans have asked hard questions. i don't think he's going to get many republicans votes. i like chuck but his positions are really out of the mainstream and well to the left of the president. i think it would be a challenging nominations but the hearings will matter. chuck will have a chance to
on taxes, i know it's hard for the republicans but the president ran on that platform, 250, no tax increase for people below but taxes for people above. 60% of the voters said they were for it in the exit polls, including some republicans and yet our republican colleagues by refusing to go along with revenues are risking the fiscal cliff and make no mistake about it. if we go over, god forbid and i still don't think we have to, the american people are going to blame the republican party and...
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Dec 30, 2012
12/12
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FOXNEWSW
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the vast majority you won't see your income taxes go up. you will see payroll taxes go up because they are not going to address that. but in terms of dealing and remember the whole point of the fiscal cliff was to deal with the debt crisis. in terms of that, nothing will have been accomplished. >> and do you think, chris, that anything can be accomplished with the debt crisis? what do they do once you get past tuesday and wednesday we are still staring down that debt. can washington now or five years from now ever really address that debt do you think? >> i don't know. it is interesting. we had on the panel and i really hope people will watch "fox news sunday." interesting and intelligent conversation between lindsey graham and dianne feinstein. not a lot of talking points, a lot of serious conversation between two patriots. we had on the panel senator evan bayh. >> good to see you, happy new year. >> even under these circumstances good to see you and happy new year to you and everybody out there. >> fascinating and serious conversation as
the vast majority you won't see your income taxes go up. you will see payroll taxes go up because they are not going to address that. but in terms of dealing and remember the whole point of the fiscal cliff was to deal with the debt crisis. in terms of that, nothing will have been accomplished. >> and do you think, chris, that anything can be accomplished with the debt crisis? what do they do once you get past tuesday and wednesday we are still staring down that debt. can washington now...
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Dec 30, 2012
12/12
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amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident are you that the house which refused to set the mark at a million dollars will pass any tax rate increase? >> if democrats will vote for the deal in the house if they are allowed to vote for whatever the senate passes there will be enough republicans but boehner needs a majority of the republican party. in 2010 we extended all of the tax cuts because the economy was weak. we are not going to extend all of the tax cuts but the economy is weaker. i don't understand the economics but i do understand the politics. the president won. the presiden
amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident...
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Dec 26, 2012
12/12
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, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> that's, i thi
, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >>...
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Dec 23, 2012
12/12
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FBC
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it is immensely complicated for tax purposes. put it in your personal portfolio. >> you know he is a kid at heart. >> in this case, it might mean his grand daughters. give them barbie dolls and staple tit a share of matel stock. 10 most annoying toys out there and matel didn't have any of them. >> steve, you like marxtel. >> toys are nice and bill is right. it has a yield of 3.3 percent . that is like 30 percent in olden
it is immensely complicated for tax purposes. put it in your personal portfolio. >> you know he is a kid at heart. >> in this case, it might mean his grand daughters. give them barbie dolls and staple tit a share of matel stock. 10 most annoying toys out there and matel didn't have any of them. >> steve, you like marxtel. >> toys are nice and bill is right. it has a yield of 3.3 percent . that is like 30 percent in olden
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Dec 25, 2012
12/12
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parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of marijuana. a lobbying group based in sacramento. pot is unsafe and ineffective. not a -- an 'digtive, dangerous drug. >> not a medicine. always been a joke, a cruel hoax, always has been, always will be. f.d.a. will never approved it for any product to be deemed a medicine. >> with the recent legalization of medical marijuana in washington and colorado national leaders are re-examining pot policies. the justice department soon expected to issue a response which now allow adults 21 and old tore possess up to one ounce legally. on capitol hill, senate judiciary chairman patrick leahy called for congressional hearings on the issue an
parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of...
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Dec 23, 2012
12/12
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FBC
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social policy should not be done through the tax code. john: and i agree. [applause] people would still give. >> i think that point* of view has a great deal of merit but i applaud respectfully say the charitable deduction is an important part of american life. we don't have giving because of the charitable deduction but because we've value that. it is an important mechanism to link communities and. john: the charity does not the deduction. >> is a signal of a set of values. john: from facebook. do think it is better to give time or money? >> is great to do both. john: pic one. >> i don't. [applause] i think the best way to understand how way charitable organization works is to help achieve the mission is put to your time where your money is. john: people who give time self report that it brings self report that it brings more happiness. man: constant tingling in my toes. woman: i had double vision. woman: they said, "you have multiple sclerosis." n: i kind of had to get a grasp on reality. man: had to adapt and change very rapidly. woman: i had to learn ho
social policy should not be done through the tax code. john: and i agree. [applause] people would still give. >> i think that point* of view has a great deal of merit but i applaud respectfully say the charitable deduction is an important part of american life. we don't have giving because of the charitable deduction but because we've value that. it is an important mechanism to link communities and. john: the charity does not the deduction. >> is a signal of a set of values. john:...
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Dec 30, 2012
12/12
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analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an upor -- up or down vote, one that protects the middle class from a hike, extends insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> the current congress only be in session until january 3rd. after that, 13 new senators and 82 new house members will take over and inherit this huge problem, right out of the congressional gate.
analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. >> reporter: president obama says it's important for congress to vote on some type of package before the...
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Dec 24, 2012
12/12
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CNNW
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he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and senate republicans and house republicans. and this is key because in order for the cliff to be averted, there will need to be something passed through congress in both the senate and the house that would require the work of both democrats and republicans. that is very much an issue as all attention now turns toward the senate, which will reconvene on thursday. a lot of focus there. that's where things are expected to start. right now the white house is still saying that they want a plan to avert tax hikes for folks making $25000 or less. it's sort of unlikely, it se
he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and...
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Dec 24, 2012
12/12
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instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenges the members of his party to deal honesty with the entitlement reform and the big issues facing our nation. that's why we find ourselves here today. >> the president is scheduled to return to washington wednesday. there's no word if any new talks are planned. >>> even if we go over the cliff, workers won't feel all of the tax increaseness their january paychecks. the american payroll association says it's already too late for employers to accurately with hold income taxes from january paychecks. however, workers will immediately feel the squeeze of a 2% social security payroll tax. >>> 9news is tracking the discussions on capitol hill concerning the fiscal cliff. we've broken our newsroom into four groups. one to monitor the potential impact on the local economy. a second to prepare you for what could happen to you and your family. a third will help you take action and the fourth will hold lawmakers accountable. you can get alerts sent straight to your phon
instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenges the members of his party to deal honesty with the entitlement reform and the big issues facing our nation. that's why we find ourselves here today. >> the president is scheduled to return to washington wednesday. there's no word if any new talks are planned. >>> even if we go over the cliff, workers won't feel all of the tax increaseness their january paychecks. the american...
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Dec 28, 2012
12/12
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david: taxes on dividends could be rising. chairman of southern company who owns a bunch of utility companies, why that could spell trouble for more than just investors. >> liz joins us telling us which big companies will be first to take a costly fall if we, in fact, do go off that cliff. ♪ [ indiinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indiinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain b b. ♪ all onhinkorswim from td ameritrade. ♪ hi hi ♪(whistling tune) ♪("don't worry be happy") shy david: it was wild in the pits at the cme was closing in chicago. sandy smith is there. what's going on, sandy? >> this is the stuff you don't see in a trade desk in the office or at home. the trade action picked up in the final minutes here. the s&p500 index of 500 stocks we watch every day closed at the top of the hour, at 14 # 0 # 2, hung on to the 1400 level. the futures, the pit i'm in, contin
david: taxes on dividends could be rising. chairman of southern company who owns a bunch of utility companies, why that could spell trouble for more than just investors. >> liz joins us telling us which big companies will be first to take a costly fall if we, in fact, do go off that cliff. ♪ [ indiinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indiinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting,...
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Dec 30, 2012
12/12
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CSPAN
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, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them are smart enough to realize that, then, they start to think, well, gee, if we let -- if we continue to deny this, we'll reach a point where things happen like super sandys. and then, the government is going to -- that's pearl harbor and the government will take over like the government took over detroit and said, you can't make cars anymore. you're gonna make airplanes and you're not gonna make money. they don't want that to happen, so -- something gonna do about it before -- intervention now -- >> yeah. >> is better than more intervention later, more government -- >> right. >> intervention
, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them...
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Dec 24, 2012
12/12
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what would the level be for taxes for revenue. in how much would be raised in revenue and what would it mean in new spending cuts? >> the spending cuts would be a trillion $450 billion. $2.6 trillion. couple that with the $1.1 trillion already done and you are at $3.7 trillion. and look, is it perfect? no. is it everything we he hoped for? >> no. does it match what bowles simpson did? no. on an even comparison bowles simpson would be $5.3 trillion. >> chris: let me ask you one last quick question. are you saying that you don't like the president's plan? >> look, it may come to that but i would hope that we would have one last attempt here to do what everyone knows needs to be done. which is a larger plan that really does stablize the debt and get us moving in the right direction and does it in it a way that is cognizant that we have an economy that is recovering, that still is weak and we don't slam it. we don't slam on the brakes here in a way that puts us back into recession, that increases jobless rate to 9.1%. >> chris: let me
what would the level be for taxes for revenue. in how much would be raised in revenue and what would it mean in new spending cuts? >> the spending cuts would be a trillion $450 billion. $2.6 trillion. couple that with the $1.1 trillion already done and you are at $3.7 trillion. and look, is it perfect? no. is it everything we he hoped for? >> no. does it match what bowles simpson did? no. on an even comparison bowles simpson would be $5.3 trillion. >> chris: let me ask you one...
SFGTV: San Francisco Government Television
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Dec 25, 2012
12/12
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SFGTV
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take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a philosopher and i go really deep into things and read stuff i will not tolerate fluff. i will expose it. i will shine light where there is darkness. thank you very much. >> thank you. any other members of the public would like to comment? seeing none. we will close public comment. and madam clerk do we have any other items before us? >> no mr. chr app >> welcome to "culturewire." today we are at recology. they are celebrate 20 years of one of the most incredibly unique artist residency programs. we are here to learn more from one of the resident artists. welcome to the show, deborah. tell us h
take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a...
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Dec 29, 2012
12/12
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WJLA
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many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary. >> while the republican senate minority leader is staying positive the democratic senate majority leader warns -- >> whatever we come up with is going to be imperfect and some people are not going to like it. >> the president says if a big deal cannot be reached, he wants at least a smaller deal to keep middle-class taxes from going up and to extend unemployment benefits. >> at this point, i just hope they get something done. >> click on need to come together and come to an agreement. both sides are at fault. >> reitman, this is the plan for the weekend. the senate plans to go into recess tomorrow so staff members can work on a deal. on sunday, the senate and possibly the house will reconvene and maybe vote on the bill either that day or on monday. the deadline is basically monday night at midnight, when we go over into the new year. ups said the capital, abc 7 news. -- outside the capita
many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary. >> while the republican senate minority leader is staying positive the democratic senate majority leader warns -- >> whatever we come up with is going to be imperfect and some people are not going to like it. >> the president says if a big deal cannot be reached, he wants at least a smaller deal to keep middle-class...
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Dec 23, 2012
12/12
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MSNBCW
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the president ran on that platform, no tax increases pleau and taxes for people above. he won. 60% of the voters said they were for it in the exit poll, including some republicans and yet our republican colleagues by refuses to go along with revenues, are risking the fiscal cliff and make no mistake about it. if we go over, god forbid and i still don't think we have, to the american people are going to blame the republican party, and they will come right back and pass something, so i don't think the middle class is at risk because if we go over the cliff our republican colleagues will come back and say uh-oh and pass the bill we passed in the senate already. >> quick answer, could chuck hagel become the secretary of defense if he's the president's nominee? >> a lot of republicans are going to ask him hard questions, and i don't think he's going to get many republican votes. i like chuck and i didn't quite know all of his positions, outside the mainstream and well to the left of the president. the hearings will matter. >> would you support him? >> chuck will have a chanc
the president ran on that platform, no tax increases pleau and taxes for people above. he won. 60% of the voters said they were for it in the exit poll, including some republicans and yet our republican colleagues by refuses to go along with revenues, are risking the fiscal cliff and make no mistake about it. if we go over, god forbid and i still don't think we have, to the american people are going to blame the republican party, and they will come right back and pass something, so i don't...
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Dec 24, 2012
12/12
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KPIX
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eye 321
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to my republican colleagues, if we can protect 99% of the americans from a tax hike, that is not a tax increase in my books. >> if there's no deal on new year's day, households between $50,000 and $75,000 will see an increase of $2,399. meanwhile households with $5 money,0 $00,000 to 1 mill could see an crease of $3900. >>> overseas an attack on americans in afghanistan. police officers, over 50 have been killed by police and soldiers this year. >>> in syria a british-based human rights group said over 60 people were killed when there was an attack on a backry. yesterday's air strike was an apparent retaliation for new rebel offensive. elizabeth palmer visited the town in southern syria that's alive with assad regime. >> reporter: conflict has engulfed syria over the past 21 months from one end of the country to the other, but so far it's barely touched the town in southern syria near the border with jordan. the people who live here are a religious group that's allied itself with president bashir al assad. when we arooived in town to meet the governor syrian state media was waiting for
to my republican colleagues, if we can protect 99% of the americans from a tax hike, that is not a tax increase in my books. >> if there's no deal on new year's day, households between $50,000 and $75,000 will see an increase of $2,399. meanwhile households with $5 money,0 $00,000 to 1 mill could see an crease of $3900. >>> overseas an attack on americans in afghanistan. police officers, over 50 have been killed by police and soldiers this year. >>> in syria a...
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Dec 23, 2012
12/12
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KBCW
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. >>> and there could be another tax hike on the horizon for california smokers. papers have been filed for a 2014 ballot initiative to increase the cigarette tax by another $1 a pack. that would raise about $800 million for the university of california system. among the supporters, lieutenant governor newsome. after nearly two months since superstorm sandy devastated the east coast, thousands of people are still trying to rebuild. days before christmas, volunteers delivered a little hope to one family. erika is in new york with that story. >> reporter: lanny doesn't have a job this christmas. superstorm sandy destroyed the restaurant where she and her three daughters worked. it also wiped out the first floor of their home in breezy point, new york. >> do you just want to be back in your home, even if it's not going to be the same? >> reporter: volunteers are trying to make that happen. days before christmas, seven of them put up insulation, an expensive job that this single mother says she just doesn't have money for right now. >> it's a relief. it's like a burde
. >>> and there could be another tax hike on the horizon for california smokers. papers have been filed for a 2014 ballot initiative to increase the cigarette tax by another $1 a pack. that would raise about $800 million for the university of california system. among the supporters, lieutenant governor newsome. after nearly two months since superstorm sandy devastated the east coast, thousands of people are still trying to rebuild. days before christmas, volunteers delivered a little...
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Dec 30, 2012
12/12
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CSPAN
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should it be a carbon tax, a cat capt. trade legislation? there are now conservative groups who are advancing with free-market branded solutions. the other day, a filler in the conservative booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. whe
should it be a carbon tax, a cat capt. trade legislation? there are now conservative groups who are advancing with free-market branded solutions. the other day, a filler in the conservative booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political...
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Dec 30, 2012
12/12
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KPIX
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taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a compromise to raise taxes only on income above 400,000, hoping that might win republican support. >> i have gone at least halfway. >> reporter: the senate is also negotiating an extension of unemployment benefits for some 2 million jobless americans, without a deal those checks will stop next week for this mother of five who has been searching for work since february. >> if congress does not extend the unemployment benefits, then i would be without a home and i really don't know what else we would do. >> reporter: the deal under discussion in the senate right now doesn't even include the biggest part of the fiscal cliff, that 1.2 trillion dollars in mandatory budget cuts, spen
taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a compromise to raise taxes only on income above 400,000, hoping that might win republican support. >> i have gone at least halfway. >>...
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Dec 24, 2012
12/12
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WUSA
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eye 107
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yesterday senator lindsey graham said he would vote for a revenue increase including a tax hike, but doesn't like it. >> hikes are part of the solution driven by the president but he's going to get tax rate hikes. to my republican colleagues, if we can prevent 99% of the americans from a tax hike, that's not an increase in my book. >> households between 50 and $75,000 will see a an increase of $2,399. meanwhile households of. >>> overseas an attack on americans in afghanistan. police officer police officers, over 50 have been killed by police and soldiers this year. >>> a british-based group said over 60 people were killed. yesterday's air strike was an apparent retaliation for new rebel offensive. elizabeth palmer visited the town in southern syria. >> reporter: conflict has engulfed syria over the past 21 months from one end of the country to the other, but so far it's barely touched the town in southern syria near the border with jordan. the people who live here are a religious group that's allied itself with president bashira a assad. the regime is anxious to showcase its communi
yesterday senator lindsey graham said he would vote for a revenue increase including a tax hike, but doesn't like it. >> hikes are part of the solution driven by the president but he's going to get tax rate hikes. to my republican colleagues, if we can prevent 99% of the americans from a tax hike, that's not an increase in my book. >> households between 50 and $75,000 will see a an increase of $2,399. meanwhile households of. >>> overseas an attack on americans in...
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Dec 25, 2012
12/12
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when you look at corporate profits and the impact, potential chans in the tax relations will be on those company profits, you have to revalue the market somewhere in here which is a lower price again companies trying to have to pay the government more money. gerri: let's talk about 201 201n what we might expect. expectations over the place. citigroup predicd stocks 14% next year, morgan stanley 1%. where do you fall? >> i'm probably up at 4% or 5%. not expecting that great of a year as far as the end of the year. i think it will be pretty bumpy the beginning of the year while this all gets worked out and people reevaluate the landscape ofds everything. gerri, i will comment on the numbers you threw out there. this scares me people are positive. i don't want to spike the eggnog, but the fact there is not one person or one bank that says the market wille down next year frightens me a little bit. gerri: wells fargo says the market will be down 2%. but they're the only ones to sae it. a lotbo of optimism but we have beenbe in this bull market for a long time it v has been very strong. people
when you look at corporate profits and the impact, potential chans in the tax relations will be on those company profits, you have to revalue the market somewhere in here which is a lower price again companies trying to have to pay the government more money. gerri: let's talk about 201 201n what we might expect. expectations over the place. citigroup predicd stocks 14% next year, morgan stanley 1%. where do you fall? >> i'm probably up at 4% or 5%. not expecting that great of a year as...
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Dec 30, 2012
12/12
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of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it class warfare. that is what is going on over there. again, there is no air spring. there's nothing about a pro-democracy ment. r tofew had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world. and for some reason people are oblivious to it. look in this country, college graduates, the income is declining eight or 0% since the recession. you can't find a job. 3 percent of them have jobs paying high-school wages. so you're right. it's not getting better, and again, we have the incompence in wasington making things worse. tom: but the numbers, you look at the numbers and you see those numbers, they are inching up a little bit. we are getting a little bit of growth. we have a little better ventilation. we have a little bit of a
of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it class warfare. that is what is going on over there. again, there is no air spring. there's nothing about a pro-democracy ment. r tofew had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world....
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Dec 24, 2012
12/12
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it has been a tumultuous year for the markets.nd of so much uncertainty for tax policy in washington. somenalyststhe election itself. analysts predicting gains for ps 2016, as 14% o much as 20% in te markets. 14%. it is not working for me today. ink wouldout e scott, i can't say your name and utock market together. to tabo but i am going to get you to talk about santa claus. will we have a true santa claus rally? >> listen, think it'll b it wile tough to get one this year. i think there will be a lot of repositioning in portfolios coming toward the end of the year. a people are getting very nervous about the fiscal cliff. i was on the show a couple of weeks ago whe and i was not a tn concerned because i thought we would get a deal done.al it is starting to hurt people.ut a good call by you. frankly, gerri, that is what will hurt stocks and investors spending or appetite as s well.e gerri: i love it when you tell me i am right. it often doesn't last very longy i have got to think when we get some real claritytt on this no matter what whether it is good x or bad for investors and taxpay
it has been a tumultuous year for the markets.nd of so much uncertainty for tax policy in washington. somenalyststhe election itself. analysts predicting gains for ps 2016, as 14% o much as 20% in te markets. 14%. it is not working for me today. ink wouldout e scott, i can't say your name and utock market together. to tabo but i am going to get you to talk about santa claus. will we have a true santa claus rally? >> listen, think it'll b it wile tough to get one this year. i think there...
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Dec 23, 2012
12/12
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no tax increases to people below but taxes for people above. he won 60% of the voters said they were for it in the exit polls including some republicans. >> reporter: so again there is senator chuck schumer. so certainly still big topic of conversation despite the fact that everyone is now on recess. alex, yesterday we spoke to some folks who said this is really weighing on them as they enter the holiday season, as they do their christmas shopping, the uncertainty in washington kind of passing a cloud over their holiday. as for president obama, this is a working vacation, but he's clearly also relaxing quite a bit as well. he played a game of golf yesterday, went to dinner with the first lady and some friends. today, alex, partisan bickering will be put aside when many members of congress, the president, and the first lady attend a memorial service for the late senator daniel inoue held here. >> thank you so much. joining me now, national political reporter for politico david cant niece and associate editor for "roll call," david drucker. good
no tax increases to people below but taxes for people above. he won 60% of the voters said they were for it in the exit polls including some republicans. >> reporter: so again there is senator chuck schumer. so certainly still big topic of conversation despite the fact that everyone is now on recess. alex, yesterday we spoke to some folks who said this is really weighing on them as they enter the holiday season, as they do their christmas shopping, the uncertainty in washington kind of...
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Dec 23, 2012
12/12
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. >>> and there could be another tax hike on the horizon for california's smokers. papers have been filed in sacramento for a 2014 ballot initiative to increase the cigarette tax by another $1 a pack. it would raise money for the university of california system. >>> some hollywood's biggest stars weigh in on the gun debate. >> for the children of sandy hook. >> demand a plan. >> no more listening. >> their very public appeal to prevent another school tragedy. >> plus demonstrators in the bay area perform a visual protest against gun violence. ,,,,,,,,,,,,,, school shooting. in ogden utah, family, f >>> three more funerals today for victims of the connecticut school shooting in ogden, utah they attended services for emily parker. he expressed no animosity toward the gunman. funerals also held in connecticut for 7-year-old josephine gay and 6-year-old an ma marquez green. some of hollywood's biggest celebrities are putting their faces and feelings into public service announcements to end gun violence. >> as a human being. >> for the children of sandy hook. >> demand a
. >>> and there could be another tax hike on the horizon for california's smokers. papers have been filed in sacramento for a 2014 ballot initiative to increase the cigarette tax by another $1 a pack. it would raise money for the university of california system. >>> some hollywood's biggest stars weigh in on the gun debate. >> for the children of sandy hook. >> demand a plan. >> no more listening. >> their very public appeal to prevent another school...
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Dec 23, 2012
12/12
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WUSA
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that means taxes for 90% of us will be going up in days unless an agreement is reached. president barack obama is now in hawaii for christmas with his family. yesterday he urged the congress to adopt a stopgap measure to prevent taxes from rising on income under $250,000 a year and keep benefits flowing to unemployed folks. house speaker john boehner, he's home in cincinnati tonight. he failed to get members of his own party to support his plan b proposal for ending the crisis. today boehner was back on the attack, blaming democrats for the stalemate by refusing to include entitlements in the networkses. >> what the president has offered won't do anything to help our spending problem and address the crippling debt. he wants more spending and tax hikes that will hurt our economy, and he refuses to challenge the members of his party to deal honestly with thentitlement reform and the big issues facing our nation. that's why we find ourselves here today. >> the president said since the deal had not been reached he would be returning sometime after christmas. >>> workers won'
that means taxes for 90% of us will be going up in days unless an agreement is reached. president barack obama is now in hawaii for christmas with his family. yesterday he urged the congress to adopt a stopgap measure to prevent taxes from rising on income under $250,000 a year and keep benefits flowing to unemployed folks. house speaker john boehner, he's home in cincinnati tonight. he failed to get members of his own party to support his plan b proposal for ending the crisis. today boehner...
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Dec 24, 2012
12/12
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e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will ret
e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the...